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How Long Can My Adult Children Remain on My Policy?

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Many families in Kingwood, TX keep their adult children on health insurance policies to ensure they have medical coverage when they become independent. The reasons for doing so include young adults not having jobs or employers that don’t offer this benefit. Most people can’t protect their adult children forever. The agents at Boss Insurance Agency can help young adults when the time comes to find their own policy.

Dependents Can Stay On a Policy Until Age 26

Anyone with a health insurance policy with dependent coverage can keep their adult children on the policy until age 26. Depending on the plan, your children may be able to stay on the plan until the end of the year when they turn 26, while others will discontinue coverage in the month of their birthday.

Adult children can stay on their parents’ health insurance plan even if they don’t live at home or have any of the following conditions:

  • Are married
  • Have their own children
  • Attend school
  • Not financially dependent on their parents
  • Have an employer who offers health insurance

Even though you can keep adult children on a policy, for some situations, getting an individual policy may make more sense if your child lives out of state where there aren’t any in-network providers.

Can My Disabled Child Stay on My Policy After Age 26?

In many cases, disabled adults can stay on their parents’ health insurance policy. Young adults may be able to continue on their parent’s plan if they have an intellectual or physical disability that prevents them from working and is financially dependent.

If you have questions about keeping children on your health insurance policy, Boss Insurance Agency will be happy to help. We serve residents of the Kingwood, TX area.

Do People with Reverse Mortgages Need Homeowners Insurance?

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Reverse mortgages can be a great way for seniors with limited funds to continue to live in their homes but not be required to pay for their mortgages any longer. In fact, those who decide to obtain reverse mortgages on their homes will receive money each month instead of paying it, which is why it’s called a reverse mortgage. If you’re considering a reverse mortgage, you are likely to have a number of questions.

One of these questions that you may have is whether you need to continue your homeowners’ insurance policy on your Kingwood, TX home with a reverse mortgage. This is a very valid question, and the answer is yes, you must continue your homeowners’ insurance policy under these circumstances.

Your Responsibilities After Closing on a Reverse Mortgage

While a reverse mortgage can be a great way to reduce the financial burden on senior citizens, there are certain requirements and responsibilities that you must be aware of. Firstly, you must reside in the home that you have a reverse mortgage on. A second requirement is that you must keep up maintenance on the home. The third requirement that you agree to upon signing paperwork for a reverse mortgage is that you will keep your homeowners’ insurance and maintain it throughout the entire period.

If you fail to maintain the insurance, your mortgage company may be forced to obtain its own policy for the property, which will then be billed to you. This is much more costly than keeping your own coverage. 

Consult With Us

If you’re a Kingwood, TX resident and you’re searching for a new insurance company, we at Boss Insurance Agency are here to provide you and all our other customers with top-notch customer service. Give us a call today at Boss Insurance Agency, and we can give you a quote, provide you with information, or assist you with anything else that you may need. 

Animal-Related Damage in a Flood: Can Insurance Help?

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Floods can affect your Kingwood, TX home at the most unexpected times and even cause animals to invade your home. What if those animals do damage to your house? Our team at Boss Insurance Agency can help you understand the ways that your insurance can protect you.

Home Insurance Does Have Limitations 

The best flood insurance should cover a myriad of different problems, but your home’s insurance doesn’t cover damage by animals. For example, if a bat or another animal gets into your house and causes problems, your insurance company will consider that preventable damage.

But what if the animals invade your home during a flood? That’s a little different because a flood is not a disaster that you can prevent as a homeowner. As a result, the whole situation changes, and any animal damage that occurs during a flood could be covered by your insurance policy.

How It Can Help With Animal Damage

During a flood, your home insurance should provide some protection against animals that get into your home and cause problems. A great policy should repair damage caused by animals who invade your home during a flood, such as:

  • Breaks in the walls caused by animals frantically escaping the flood’s water 
  • Gnawing or biting damage to your furniture or other areas of the house 
  • Frayed or damaged wiring caused by frightened animals 
  • Fecal matter left behind by animals once the floodwaters recede 

We’re Here for Your Flood-Related Damage Issues

If you’re worried about a flood affecting your Kingwood, TX home or business, reach out to our team at Boss Insurance Agency to learn more. Our team of experts will sit down with you, explain what we can do for you, and ensure that you’re properly insured against this problematic issue.

Three common misconceptions consumers sometimes have about boat insurance

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Boat owners need to avoid making poor insurance decisions because of misconceptions about boat insurance. At Boss Insurance Agency, we can ensure that boat owners in Kingwood, TX get accurate information on boat insurance coverage.

Here are three common misconceptions consumers sometimes have about boat insurance. 

You should cancel boat insurance coverage when your boat is in storage.

Boat owners shouldn’t assume that they don’t need to worry about insuring their boat when their boat is in storage. Boat insurance coverage is useful when a boat is in storage because boats can become damaged while in storage.

Boat insurance providers usually offer coverage that can be specifically tailored to insurance needs while a boat is in storage during the off-season. Discuss off-season storage insurance options with your insurance provider rather than simply canceling your policy while your boat’s in storage. 

Boat insurance will definitely cover your boat if it is damaged in a hurricane.

Not all boat insurance policies include coverage for hurricane damage. You need to look at the fine print of your policy if you want to be covered for hurricane damage. You might need to add hurricane coverage on to your policy because standard boat insurance policies don’t usually include hurricane coverage. 

Boat insurance always covers the personal property you keep in your boat.

Boat insurance policies often offer some coverage for personal property within a boat. However, this will only cover you up to a certain maximum amount. That’s why it’s important to consider the value of your belongings in your boat and make sure that your policy covers you for the full value of your personal property. 

Schedule A Consultation Today

Get a quote on a boat insurance policy by calling us at Boss Insurance Agency. We’re here to answer your questions about coverage for your boat in Kingwood, TX. 

Kingwood’s Road Safety: A Guide to Auto Insurance Essentials

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When potential clients speak with the professionals at Boss Insurance Agency in Kingwood, TX, they are able to reap the benefits associated with our many years of expertise. It can be hard to understand every aspect of an auto insurance policy, which is why this guide is here to help you get started. Here we take a closer look at the most essential aspects of any well-chosen policy.

What Are The Basic Forms of Coverage?

Once it is time to get started, you will need to learn about the most basic forms of coverage and how they will affect a policy from an overall standpoint. The coverage that you select will need to offer coverage for medical expenses and repair costs, i.e. liability. Coverage must also be able to handle damages and thefts, i.e. property damage. To expand on this, the policy will also have to include protection against medical costs and lost wages.

Do I Need Additional Coverage?

Starting with a basic policy that delivers entry-level protection is great, but there are other forms of coverage that have to be considered. Liability coverage that also offers protection to other motorists who are potentially injured as a result of your negligence is a must-have.

Collision policies protect your vehicle from costs that result from accidents and comprehensive auto insurance policies are designed to keep the motorist from shouldering expenses that are derived from damages that took place when they were not in the process of driving.

Consult With Us

Road safety is of the utmost importance. By scheduling a helpful consultation with the good folks at Boss Insurance Agency in Kingwood, TX, you are able to relax and enjoy the peace of mind that can only be provided by a well-chosen auto insurance policy.

Can You Have More Than One Life Insurance Policy?

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Life insurance is a financial planning tool designed to help protect your loved ones or your business interests. If you want to learn more about life insurance, you can count on the professionals at Boss Insurance Agency. We proudly serve the residents in and around the Kingwood, TX area.

Life Insurance Protection 

If you want to protect your loved ones or a business partner, life insurance is the ideal tool to help you achieve your goals. Life insurance is a versatile product, and you may have multiple life insurance policies if you wish. You can consult our knowledgeable and licensed life insurance agents to learn more about life insurance policies.

They can provide recommendations and information to help you make an informed decision. They can also allow you to acquire the right insurance policy by supporting you and providing you with details to make the process easier. We can also submit documentation and information to help acquire the policy faster. If you have any changes to the policy during your lifetime, we can also assist.

Our goal is to provide comprehensive services to our customers and be there for beneficiaries during difficult times. Please reach out to find out how we can help.

Reach Out To Us

If you would like to learn more about life insurance and the policies that work best for your individual situation, we can help. Please feel free to call or stop by the offices of Boss Insurance Agency. We aim to provide exceptional service to the residents in and around the Kingwood, TX area. When it comes to life insurance, get assistance from the best in the business to provide you with protection and peace of mind.

Questions to ask before you choose your health insurance

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Choosing your health insurance is one of the most important things you do every year. Having insurance you can afford, and that provides coverage is vital for your good health. At Boss Insurance Agency in Kingwood, TX, we are independent insurance agents, and we offer our customers more choices. 

Questions to ask

Is my doctor in the network?

If you have a doctor you prefer, whether it is your primary care doctor or a specialist, it is important for your health that you have access to them. With some health plans, you have no coverage for doctors outside of the network. This is true with HMO plans except in a dire emergency.

What is my deductible?

Before your insurance starts to pay for services, you have to meet your deductible. High-deductible plans are popular these days because of their affordability. It doesn’t make sense, however, to have such a high deductible that nothing is paid. If you only want coverage for a catastrophic illness, a high deductible works,  but it is best matched with an HSA (healthcare savings account). 

Can I use a doctor outside the network?

Depending on what type of managed care you have, you may be able to get some coverage outside your network. With a PPO or a POS, you will get the best coverage by staying in your network, but you will be able to get some coverage outside the network.  

Does the policy include prescriptions?

Prescription coverage is not included with every health insurance policy. If you don’t take any prescription medication, this may not be an issue for you. If you do take medication, it is important to have this coverage and to know in advance how much of a copay you will need to pay every month. 

We Can Help!

Contact Boss Insurance Agency in Kingwood, TX when you are ready to discuss your health insurance needs. 

What Could Happen if You Fail to Take Out Home Insurance?

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If you own a home, it’s crucial to make sure that your property is protected with homeowner’s insurance. The fact is, homes are very expensive, and for many families, they are their most valuable asset. If you’re looking for home insurance, it’s wise to partner with an insurance agent who can explain the ins and outs of different plans. Visit Boss Insurance Agency, serving the greater Kingwood, TX community, to learn more.

The Consequences of Skipping Homeowner’s Insurance

First, Homeowner’s Insurance is required in some situations, and failing to take out an insurance policy could result in a breached contract. Often, when lenders offer mortgages, they will require that the home be insured. Why? Doing so lowers risks for the lenders.

Mortgages are typically secured loans, and the house purchased acts as collateral. If a homeowner falls behind on payments, the bank or other lender could take control of the house. Then the lender could sell the home and recoup at least some of their funds. If the property is damaged, however, say by a severe weather event, the value of the property will decrease. This means the bank may not be able to recoup as much money.

Further, for many people, their home is their most valuable asset and a crucial component of their nest egg. If an uninsured home is destroyed, it could quickly wipe out a family’s wealth.

Many home insurance plans will cover more than just damage to the home. In some cases, homeowner’s insurance will cover costs if someone is injured on your property. If a guest slips on a flight of stairs, your policy may cover medical bills and the like. If you don’t have homeowner’s insurance, you might have to pay these costs out of pocket.

Reach Out To Us

It’s crucial to study each homeowner’s insurance policy closely to see what is covered. Contact Boss Insurance Agency in Kingwood, TX to learn more.

How can a Texas flood insurance plan protect me?

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People throughout the Kingwood, TX area will find that owning a home is a good idea. If you would like to purchase a property here, getting insurance for it is always a good idea. One type of insurance that should be properly considered and assessed is flood insurance.

A flood insurance plan can protect you in various ways:

Financial Coverage

One of the top reasons to get a flood insurance plan is so you can receive helpful financial coverage. If you are a property owner that is impacted by a flood, there can be significant costs associated with repairing your home and replacing personal items. When you have the right insurance, you will have support to cover all of these repairs and replacements. This could end up saving you a considerable amount of money out of pocket.

Access to Resources

Another benefit of having a flood insurance plan is that you may have access to resources that you may not otherwise have. If your home is damaged by a flood, starting the cleanup and repair process immediately is very important. If you are not insured, you may have a harder time getting access to a contractor. When you have flood coverage, the insurance claims department can be notified, and the remediation process can start sooner, which can even reduce the impact of the flood.

Reach Out To Us

It is always a good idea to get the right type of insurance when you are in the Kingwood, TX area. When you are looking for this coverage here, it would be a very good idea to call our professionals with the Boss Insurance Agency. You will find there are a lot of choices to make when evaluating insurance options and our team with Boss Insurance Agency can ensure you obtain the necessary support.  

Tips to prepare your boat for a storm

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Weather can be unpredictable here in the Kingwood, TX area, so it’s important to prepare your boat for a storm.

Here are some tips from us at Boss Insurance Agency to help you get ready:

1. Check the Weather Forecast:

Before you head out on the water, take time to check the weather forecast. Pay attention to any specific warnings that may be issued and plan accordingly.

2. Secure Your Boat:

Make sure everything is properly secured onboard, including extra lines and fenders. You don’t want anything flying off or getting damaged in the storm. 

3. Inspect Your Vessel:

Check your boat for leaks or any other issues that could arise during bad weather conditions. 

4. Have Necessary Supplies on Hand: Make sure you have necessary supplies such as flares, life jackets, first aid kits, etc., in case of emergency. 

5. Fill Up Fuel Tanks:

Make sure your fuel tanks are full so you can keep running during a windy day or if you need to make an emergency maneuver in rough seas. 

6. Have a Plan:

Know where you are going and how to get there before leaving port. Make sure you have an escape route in case the weather turns bad quickly, as well as a place to seek shelter along the way. 

7. Anchor or Dock Securely:

When anchoring or docking your boat for the night, make sure you do it securely and safely. This will help protect your vessel from any rogue waves or strong winds that could come up. 

Keep Your Boat Insurance Updated

By taking these simple steps ahead of time, you can ensure your safety and protect your vessel from any potential damage that a storm may bring its way! For more tips, call us at Boss Insurance Agency today. We serve the Kingwood, TX area.

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